Fibonacci Rule and How to Use it in Trading Gold Explained

By Sun

Do you know what Fibonacci rule is?

Basically, Fibonacci sequence is a sequence of numbers in which each successive number is equal to the sum of the two preceding numbers, such as 1, 1, 2, 3, 5, 8, 13, . . . The rule used to generated Fibonacci sequence is called Fibonacci rule, which can be fn+1 = fn + fn-1, where f1 = f2 = 1.

But can you apply Fibonacci rule in trading and profit from it?

INO.com has an educational video that explains how Fibonacci rule works in trading gold, following the bullion’s recent fluctuation in prices. If you are interested, use this link to watch the video and learn how to apply the rule to improve your trading and profit, hopefully

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